Here are some of the key principles of the New South Creed:
- Industrialization: The South should develop manufacturing industries and diversify its economy, instead of relying solely on agriculture.
- Urbanization: The South should encourage the growth of cities, which would provide markets for industrial goods and stimulate the economy.
- Investment: The South should encourage investment from outside the region to help fund its industrialization efforts.
- Education: The South should improve its educational system to provide a skilled workforce for its new economy.
- Cooperation: The South should work together to overcome its economic challenges.
The New South Creed had a significant impact on economic development in the South. It helped to attract investment from the North and from Europe, and it encouraged the development of manufacturing and other industries in the region. The New South Creed also helped to change the social and cultural landscape of the South, as it brought new people and ideas to the region.